President Obama continues to think that spending your tax dollars and mine on silly stimulus programs will create jobs. Let's all say this really loud: The Federal Government Does Not Create Jobs; The Private Sector Does!
President Obama, get a hint here:
- Private businesses create jobs, especially small businesses.
- Private businesses flourish when government intervention is lessened, not increased.
- Private businesses fuel the economy when they are taxed less, not when they are taxed more.
- Private businesses create jobs when their customer base is broad and deep.
- Customer bases are increased when consumers of goods created by private businesses have cash in their pockets. Usually from higher pay, less taxes, and employment by a business that can afford to pay them.
- Customer bases that are broad and deep create cash flow for business when those customers have an ongoing supply of cash to spend, not from some one time stimulus that is here today and gone tomorrow.
- JOBS are created when all the above are satisfied.
This is really pretty simple stuff. One would think that an individual that is smart enough to dupe close to half of the electorate in a presidential race would be smart enough to understand what really fuels an economy; DEMAND FROM PEOPLE WITH A CONSTANT INFLOW OF CASH! It's called disposable income. When the government plans to tax disposable income and then some, demand for goods stalls, jobs are lost, and the economy suffers.
So President Obama, what is so hard about that? Here is what you need to do and its pretty simple stuff; at least it would be for one with a Reagan Republican View of the Economy.
- Reinvest the balance of the first TARP into immediate payroll tax cuts. In other words, give it back to the tax payers.
- Initiate The Fair Tax for 2011 launch.
- Walk away from Cap and Trade, Socialized Medicine, and all other Socialist items on your agenda.